4 The Quarterly September 2016 Water. desalination + reuse
The
Quarterly
Research aspirations, a takeover bid, and new Middle East capacity
For the latest news, visit www.desalination.biz
AUSTRALIA
Water research
gets a boost
A proposed new industry-
led water research centre in
Australia has passed its fi rst
hurdle by being shortlisted
for funding by the Australian
government. Minster for
industry, innovation and
science Greg Hunt (below)
shortlisted seven projects
to deliver research aimed
at boosting critical sectors
of the economy as part
of the government's AUD
$653 million ($500 million)
programme. Future Water
CRC aims to foster research
collaboration between
industry and academia
to develop new water
technologies.
$650m
China Communications
Construction Company
has bid $650 million
for IDE Technologies.
"Things will be decided by
meeting the buyer's and
seller's expectation on
price," IDE chief executive
Avshalom Felber told Water.
desalination + reuse.
The target price is reportedly
between $700m and
$1 billion. IDE's owners, Delek
Group and Israel Chemicals,
have signalled a sale. Page 9
